Gati

FEATURED ARTICLES ABOUT GATI - PAGE 3

In a chat with ET Now, Ashwani Gujral of ashwanigujral.com shares his views on GATI . ET Now: What is your call on GATI? Ashwani Gujral: GATI is a 'Buy' call with a target of Rs 174 and a stop loss of Rs 152.

In a chat with ET Now, Mitesh Thacker of miteshthacker.com shares his views on Gati. ET Now: What is your call on Gati? Mitesh Thacker: Gati is a 'BUY' call with a target of Rs 95 and a stop loss of Rs 84.

In a chat with ET Now, Prakash Gaba , CFT, prakashgaba.com, shares his views on Gati. ET Now: What is your call on Gati? Prakash Gaba: Gati is a 'BUY' call with a target of Rs 202 and a stop loss of Rs 188.

MUMBAI: The buzzing e-commerce theme has been beyond the reach of most Dalal Street participants. But, a handful of astute investors have found a way to bet on the sector. They are betting big on the logistics sector, which is expected to be a key beneficiary of a possible commerce boom. Radhakishan, or RK Damani, a widely-followed investor, has been an active buyer in shares of logistics companies such as Gati, Blue Dart and Transport Corporation in the past few months.

In a chat with ET Now, Mitesh Thacker , Technical Analyst, miteshthacker.com, gives his stock call What is your call on GATI? GATI has given a good bounce back after hitting the short term 10-day moving average. It can be bought with a stop below Rs 54 for targets of Rs 68.

MUBAI: Gati has entered into a strategic alliance with Amsterdam based General Logistics Systems, one of the three largest parcel service providers in Europe. The company will act as GLS' international strategic partner in India. It covers 594 out of 604 districts in India. GLS will act as a strategic partner for Gati in Europe, providing easy access for Gati's customers and will enable Gati to penetrate and capture a significant market share in Europe.

MUMBAI: Shares of Gati were on the rise after it said it planned to acquire the remaining 26.28 per cent stake in trucking company, Kausar India, through an open offer. The logistics firm, which is the sole promoter of Kausar India, currently holds 73.72 percent in the firm. Gati plans to de-list Kausar shares from the Delhi Stock Exchange and Ludhiana Stock Exchange Association following the acquisition. It will acquire Kausar's shares following a reverse book building process.

HYDERABAD: Express distribution company Gati is planning a business restructuring exercise, whereby the fuel station business of the company will be hived off into a separate entity. Apart from its core business, Gati is also present in sectors like container vessel and fuel station operation that contribute 12% and 18% of its Rs 460 crore revenues, respectively. "Though the fuel station business brings in 18% of the revenue, the contribution to the bottomline is minimal.

KOLKATA: Logistics solutions provider Gati Ltd on Friday said it was looking to double its turnover from India to Rs 1,000 crore by 2009, on the back of expanding courier business and services like fax, printing and internet browsing offered through retail outlets. The company launched 'Cafe d'eliver', its third retail outlet in the country here, through which it plans to generate a revenue of Rs 250 crore in the next two years. "This (Cafe d'eliver) is the retail initiative of the company where customers would be able to avail of a host of facilities under one roof," Gati's business operations (east)